Relief in sight for homeowners seeking flood buyouts

By
Matt Porter

May 14, 2013Updated May 15, 2013 at 12:02 PM EST

Town of Union, NY (WBNG Binghamton) Days after the state of New York promises to provide complete relief for 2011 flood buyouts, town supervisors say the end is in sight for the purchases of hundreds of flooded homes.

Flooded homeowners eligible for a buyout are guaranteed 75 percent of their home value and demolition costs from FEMA.